2016
the usage Bank's agent network for marketing the various IPO's. The
assessee has not made TDS as applicable
amount of Rs. 12,62,518/- during the year under the head IPO expenses out
of which 1/5 amounting ... officer has stated that
majority of the expenses incurred under the head IPO expenses were not eligible
for deduction u/s. 35D as these expenses
funds for the above expansion project through the
Initial Public Offer ("IPO") and assured that they
would handle all the formalities. Accordingly ... appointed D&A Financial Ltd., as the
Merchant Banker for the IPO.
d) On 25.11.2010 Draft Red Herring Prospectus
("DRHP") was filed
enforced after 30 days
of the Initial Public Offering (IPO) of the respondent/defendant
company. Appellant/plaintiff pleaded that he kept on patiently waiting ... defendant company that information with respect to the
coming out of its IPO shall be conveyed to him. The appellant/plaintiff
pleads that
respondent did not mention the date of issuance of Indian
Postal Order (IPO) for application fee, his candidature was
Patna High Court CWJC No.19362 ... that the respondent had not filled up the
date of issue of IPO in his application form and, thus, his
candidature for selection has been
these investments were made
in the preceding years out of the IPO proceeds at Rs.54.67 crores. Thus, the interest free
funds available were ... appellate
proceedings, the appellant was asked to submit the details of the IPO proceeds received
by it and the investments made there-from
Second Appeal:
The CPIO has returned the RTI Application seeking IPO to be drawn in favour of
GE, New Delhi.
1
Relevant Facts emerging during ... hearing citing health reasons and has
reiterated the return of IPO as unwarranted. He has urged that as per his
understanding he is supposed
learned Counsel for the petitioner
submits that the non mention of IPO/DD number, date and the
amount actually paid, in the prescribed application form ... with
application form had in fact enclosed a copy of the actual IPO and
therefore, such particulars were duly ascertainable by the Central
Railways
issues related thereto.
The CPIO, vide its reply, stated that the IPO enclosed with the RTI Application had been
incorrectly drawn in favour ... incorrectly and illegally rejecting his
application on the ground that the IPO was drawn in the favour of "Accounts Officer" instead
submitted that the said company Celestial Labs Limited came out with IPO
of 50 lakh of equity shares of Rs. 10 each ... weed out the impact of extra-ordinary
events such as IPO. This company Celestial Labs Limited is a listed company
and its financial statements